The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: Sam Altman On The Trajectory Of Model Capability Improvements: Will Scaling Laws Continue | Semi-conductor Supply Chains | What Startups Will Be Steamrolled By Openai And Where Is Opportunity
Sam Altman is the CEO of OpenAI, one of the most important companies in history. OpenAI is on a mission to ensure that artificial general intelligence benefits all of humanity. Prior to OpenAI, Sam was the President of Y Combinator and an angel investor in Stripe, Airbnb, Reddit and Instacart. 15 Questions with OpenAI CEO Sam Altman: 1. Will the trajectory of model capability improvement keep going at the same rate as it has been? 2. When did Sam doubt the continuance of scaling laws most? What has been the hardest technical research challenge OpenAI have overcome? 3.
Swiss Unicorn Climeworks Seeks Hong Kong Investors For Carbon Capture Projects | South China Morning Post
Climeworks, the builder of the world’s largest carbon capture plant, is seeking investors for ambitious multibillion-dollar ventures. :
Climeworks, the builder of the world’s largest carbon capture plant, is seeking investors for ambitious multibillion-dollar ventures Switzerland-based Climeworks, which has built the world’s largest carbon capture plant, is in discussions with Hong Kong investors, offering them exposure to potentially lucrative projects that cost between US$2 billion and US$3 billion to build.
Investment Is Pouring In As The Hype Around Nuclear Fusion Grows
From Amazon to Google, tech giants at the forefront of the AI boom are investing in companies building nuclear reactors and forming partnerships with energy providers to power their data centers. Many of these companies are generating energy through nuclear fission, which involves splitting atoms from elements like uranium and plutonium to release energy. It's cleaner than fossil fuels and more reliable than solar. But fission can release harmful radioactive waste that needs to be disposed of safely and mining uranium can have deleterious effects on the environment.
Prison Work Assignments Used To Lure And Rape Female Inmates. Guards Sometimes Walk Free
As part of a sweeping two-year investigation into prison labor, The Associated Press found that correctional staff nationwide have been accused of using inmate work assignments to sexually abuse incarcerated women, luring them to isolated spots, out of...
Devrev Raises $100.8 Million In Series A Funding And Becomes An Ai Unicorn At A $1.15B Valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development. :
Palo Alto, CA — October 2024 — Following its successful Series A funding round in August 2024, where DevRev secured $100.8 million and reached a $1.15 billion valuation, the company continues to drive forward its mission to revolutionize customer support and product development. Led by Khosla Ventures with participation from Mayfield Fund, Param Hansa Values, U First Capital, and several accelerators, family offices, and angel investors, this investment highlights the growing potential of AI-native enterprise software.
Melio To Grow Ap/ar Platform With $150M Fundraise
Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. The company has seen its revenue increase tenfold over the past three years, driven by an expansion of its customer base to include medium-sized businesses as […]
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Fiserv Leads $150M Funding Round For Melio
Melio, an accounts payable and receivable platform for small and medium businesses, has hit a $2 billion valuation in a $150 million strategic funding round led by Fiserv.
Prison Work Assignments Used To Lure And Rape Female Inmates. Guards Sometimes Walk Free
HUNTINGTON, W.Va. (AP) — It was after midnight when she crept down the narrow, dimly lit stairs carrying a bag of dirty laundry. She crossed under a patchwork of pipes and ducts to the far back corner of the basement, as she had done many times before. That, she said, is where correctional officer James Widen was waiting for her. He had just called her name over the intercom, telling her to report to the work release center’s laundry room. So April Youst rose from her bunk, careful not to wake the other incarcerated women sleeping in the dorm.
The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: Robinhood's Vlad Tenev On Founder Mode | Building 8x $100M Revenue Lines | Lessons From Raising $5bn And The Gamestop Saga | The Future Of Artificial Intelligence, Wealth Management And Home Ownership
Vlad Tenev is a Co-Founder and CEO of Robinhood, the commission free stock trading and investing app with a market cap today of $20.7BN. Over the incredible 11 year journey Vlad has raised over $5BN from some of the world’s best investors including Sequoia, a16z, DST, Ribbit and Index. Before Robinhood, Vlad started two finance companies in New York City. In Today’s Episode with Vlad Tenev We Discuss: 1. Surviving a Scandal: The Gamestop Saga: What was the single hardest element of the sage for Vlad? What did the sage teach Vlad about how to tell stories effectively?
Mealme Grabs $8M Series A Funding Round
PALO ALTO, CA, MealMe, a unified API for food ordering, today announced an $8 million Series A fundraise.